Report Description
Hydrogen peroxide, a strong oxidant, is a light blue fluid and is a bit more viscous than water. It is weakly acidic in nature
but has strong oxidizing properties due to which it acts as a powerful bleaching agent that is typically used for bleaching
paper. Hydrogen peroxide is highly unstable, readily decomposing into oxygen and water with release of heat. The end
use industries of hydrogen peroxide include pulp & paper, chemicals, water treatment, and mining. Application of
hydrogen peroxide in the mining industry is primarily for extraction of precious metals especially gold.
Based on the process of synthesis, the hydrogen peroxide market for gold extraction can be segmented in two different
ways, namely: direct synthesis from hydrogen and oxygen, and anthraquinone process. The former method is typically a
laboratory synthesis method while the latter is used for large scale manufacturing of hydrogen peroxide for industrial use.
The industrial synthesis includes hydrogenation of anthraquinone to obtain anthrahydroquinone, which is later oxidized
and finally hydrogen peroxide is obtained by liquid-liquid extraction and vacuum distillation. The anthraquinone process
synthesis segment was the prominent synthesis in 2016 and is expected to continue to dominate during the forecast
period. This is due to the fact that it is an economical method for large scale production of hydrogen peroxide for industrial
purposes.
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extraction.html
Hydrogen peroxide is used in the mining industry for the extraction of precious metals such as gold, platinum, and
palladium. Gold extraction from natural sources, including gold rocks and gold ores, can be done by leaching the gold
concentrate or crushed gold rocks, in a solution of hydrogen peroxide and hydrochloric acid. By using hydrogen peroxide,
the extraction of gold is reasonably economical and eco-friendly compared to other extraction methods. The hydrogen
peroxide market for gold extraction is driven by the demand for gold in jewelry, investment, central banks & other
institutes, and technology.
Based on region, the global hydrogen peroxide market for gold extraction is divided into North America, Latin America,
Europe, Asia Pacific, and Middle East & Africa. Among these regions, Asia Pacific is the dominant regional segment of the
global hydrogen peroxide market for gold extraction as China and India created significant demand for gold in 2016, which
is expected to increase further during the forecast period. The market in Asia Pacific is anticipated to be followed by
Europe owing to increasing demand in countries such as Germany and the sub-region of the U.K.
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